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Tantalizing Incentives

Officials hope a new tax credit, in addition to the under-construction Atlanta Streetcar, will prompt businesses to flock to the Auburn and Edgewood corridors. On Tuesday, the Auburn Avenue district was officially christened an "opportunity zone" — which spells tax breaks of $3,500 per job created, the Atlanta Business Chronicle reports. Beamed councilman Kwanza Hall: "These are the magnetic attractors that we have needed for so long." [Atlanta Business Chronicle]